Why I will always buy a silver ML instead of an SAE
 

If given a choice, I will always buy a ML instead of an SAE. Here's why:

1) The fineness of the silver.

2) "Face value" is $5, not $1.

3) The premium of an SAE is on U.S. economy-backed "guarantee" of their silver coin....I think, when tshtf, who cares? The canadian government is more stable and is not a rogue state like amerika is. Canadian silver will always be nicer.
Especially when tshtf. That $5 to $1 face value difference might actually mean something one day.

Why the hell would I choose an SAE if I have the choice? Nicer "image" on the coin? Who cares??
The queen looks like liquid silver....just like she looks like liquid gold on the gold ML's. Quite nice.
So as far as nicer image, I would prefer to look at the old gal's profile than to have the amerikan flag on all my silver coins.

Don't worry...I have guns in case you doubt my "amerikan-ness".

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Re: Why I will always buy a silver ML instead of an SAE
 

I also favor the candian maple leaf over the SAE. Mostly for the cost. For a significantly less premium than an SAE, you get a finer silver content with a ML. However, in my experience thus far, you usualy get the premium back when selling to the public(as in NOT to a dealer).

If a maple and an SAE are in the same case, i get the maples first then a couple saes, just to be well rounded. ;)

Re: Why I will always buy a silver ML instead of an SAE
 

But but but..

The Canuks put the veins on the wrong side of the coin.

Re: Why I will always buy a silver ML instead of an SAE
 

Your reasons are all valid....... I cant break down and have the mug of that reptile on my money .....its just personal.

I can ony have money with statues and ideals

Peace, mercs,SAE's


T

Re: Why I will always buy a silver ML instead of an SAE
 

IMO a combination of the two would be smart business.

Re: Why I will always buy a silver ML instead of an SAE
 

IMO the criteria to be used in purchasing silver as bullion should be;
- Is the actual silver weight and fineness stamped onto the object
- is the design familiar enough that it will be recognized by the market place

If you read any of Hugo Salinas articles on trying to reintroduce silver as money again, you will understand that the quantities and terms of dollars, pesos, pounds, yen, etc. act as a hinderence to those silver objects to circulate as money. The banksters have been able to corrupt those original nationalistic terms and therefore created confusion as to what real money is.

Re: Why I will always buy a silver ML instead of an SAE
 

Re: Why I will always buy a silver ML instead of an SAE
 

A higher face value on legal tender coins is not helpful when declaring cash value, for example $1000 is 200 1oz $5 coins versus 1000 1oz $1 coins. In some cases coins over a specific fineness are considered bullion regardless of face value and legal tender status.

Re: Why I will always buy a silver ML instead of an SAE
 

Those are all legit reasons. The main reason for SAE over SML is that there are 10 times as many potential buyers if there is a flock to legal tender bullion coins by the general public.

Re: Why I will always buy a silver ML instead of an SAE
 

that is probably true, though I dont know if id go 10 times, maybe 5. Maples are fairly popular either way though, and something tells me that saes or other bullion will likley NOT see circulation as legal tender, unfortunatley.

As always, diversify!

Re: Why I will always buy a silver ML instead of an SAE
 

:rolleyes_m: Generic all the way...

Face value and intrinsic collector value mean absolutely zilch when the government that minted the round can't even redeem them.

Try explaining to a merchant or individual why your 18xx Morgan Silver Dollar is worth $5000.00 to a collector because it has a rare CC mint mark and is only 1 of 200 minted.

He/she will laugh at you and offer you bullion price or you can hit the road and starve.

If society breaks down like I think it will,government stamped monetary values on all coins in general will become a sick joke.
They will be worth no more or less than metal content.

I expect all silver and gold bullion will be traded equally by weight and purity,not by collector value or the general public's familiarity with a certain government's minted issues of platinum,gold and silver coins.

I predict within a week after paper fiat becomes worthless it won't buy anything.
Merchants and traders will wake up fast to the old system of precious metals by weight and purity for buying and selling goods and services.
Barter will flourish for sure,but for portable wealth gold and silver that is stamped with weight and purity will be the best game in town.

Here's a hilarious thought for consideration:

:D:D:D

Since the public service parasites that depend on some branch of government to issue them a paycheck denominated in fiat dollars....
What are they going to do when they find out no one will accept their funny money ?
Bring on the SWAT teams to enforce merchants to take worthless fiat at the grocery store or Walmart so their employees can eat ?

Yep...that will go over big...for about an hour.

:bear_w00t::D:bear_w00t:

Re: Why I will always buy a silver ML instead of an SAE
 

Thanks for ignoring the Mexican Libertads! More for me! 1 Onza Plata Pura .999. Eagle and Winged Victory. No ugly female. I LOVE those fat earlier ones.
Living in Arizona I don't think I'd have much trouble spending them if needed. I only wish they would make more of the circulating fractional ones - then there would be a true viable alternative MONEY.

Re: Why I will always buy a silver ML instead of an SAE
 

My stash is broken down as 2 SAEs for everyone 1 ML I own. 10 SAEs to every 1 Libertad that I own. Overall about 1/3 90% split between dimes/quarters/halves, 1/3 the above coins, 1/3 10 oz bars and 1 oz rounds.

Re: Why I will always buy a silver ML instead of an SAE
 

Unless you planned on treating the kids to hotdogs and icecream at a local carnival by paying with those coins, I'd say that the dollar amount stamped on the coins is of nominal importance.....:wink:

Re: Why I will always buy a silver ML instead of an SAE
 

What I mean is, there are 10 times as many Americans as there are Canadians, so assuming that both countries have a similar proportion of PM-investors, there would be 10 times as many SAE buyers.

Now this ratio might be tempered somewhat if an American is more likely to buy a SML than a Canadian is to buy an SAE. We know Americans buy SMLs. Any Canadians out there? Do you ever buy SAEs?

Re: Why I will always buy a silver ML instead of an SAE
 

If they removed that creature from the coin, I'd buy only Maple Leafs.

Until then, I'll go for the artwork of August St. Gaudens and Adolph Weinman. :D

Appearance does matter.

Re: Why I will always buy a silver ML instead of an SAE
 

Hmm. Funny how the both the silver and gold maples are 9999, yet they are cheaper than the eagles.
Yeah, maples make sense.

Re: Why I will always buy a silver ML instead of an SAE
 

Whatever has the lowest premium over spot, works for me. The .9999 fine is just a marketing gimmick.

Re: Why I will always buy a silver ML instead of an SAE
 

I ALWAYS crack my EGGS on the SMALL end. Anyone thats cracks their EGGS on the LARGE end is an abomination.

Re: Why I will always buy a silver ML instead of an SAE
 

Well, not really.
ASE = 0.9994
MPL = 0.9999

I can't see a difference, can you see a difference? Just being silly, but really, according to the omnipotent internet, there is a difference.
(Kitco for one)

Re: Why I will always buy a silver ML instead of an SAE
 

As a Canadian I must say that I do purchase ASE, but when I go to sell them on ebay I get a much better price for the SML then either a libertad or an ASE.

Re: Why I will always buy a silver ML instead of an SAE
 

I just can't sell my 18** CC Morgan's even though I think you are right.

I try to play it both ways: Like I bought forty '97 silver Maple Leafs recently and paid over $400 more than if I bought 40 oz. of silver bullion. I am convinced of tshtf, but I have to inject some doubt if I see a possible investment opportunity that is not too costly...overall.

It WILL be a sick joke when my CC Morgans are just another silver coin. At that point there will be so many sick jokes I won't have time to care to single out and obsess over just one sick joke out of a world of sick jokes.
With that in mind, I try to enjoy the hobby of numismatics in the present.

Won't be too awful if the '97 ML's become mere bullion....not a HUGE loss.

OTOH, I have no clue what is on the other side of tshtf....so I try to play it both ways. Will I be able to hold onto ANYTHING to get to the other side? Will _I_ get to the other side?

AND if we have five years before tshtf (yeah right), I can unload my numies to collectors in three years and buy more gold which will be well over $2000 an ounce by then.

What I mean is too many variables.

But if all you have is numies, then that is kinda dumb.








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Re: Why I will always buy a silver ML instead of an SAE
 

Re: Why I will always buy a silver ML instead of an SAE
 

Chevy all the way:yes:

:hahaha:

Re: Why I will always buy a silver ML instead of an SAE
 

F-that ! :s1:

Re: Why I will always buy a silver ML instead of an SAE
 

An ounce is an ounce.:yes:

Re: Why I will always buy a silver ML instead of an SAE
 

I buy whatever I can find at the best price at the time of these:

SAE
Maples
Libertads
Engelhard Prospectors

When I'm not buying those, it's 90% and 10 oz. bars.

Re: Why I will always buy a silver ML instead of an SAE
 

What about recognizability? A sheep is much more likely to recognize the value of an SAE over a generic, which to them is nothing more than a token...

Re: Why I will always buy a silver ML instead of an SAE
 

Once again My Friend you hit the nail on the head. Why PM folks argue about which goverenment issue coin will be worth more is just so much BS.
They are hitting the melt bucket as we speak!
Sure I have a couple 2008 US Eagles just because they really are pretty coins, but all the bars and all the coins are going to a refinery and they don't care what is stamped on them as long as it says .999 fine.
Any premium you pay is horsefeathers, your leafs and Eagles and Krugs will be thrown in the same bucket as my tarnished 1974 happy annaversary rounds.
pure melts pure.
90% gives a decent price
You wont get carp for stearling because of the impureities make it hard to refine.
You cannot even sell 40% to a refinery or war nickels.Its not worth it for them to deal with it, so they don't.
want proof?
http://www.midwestrefineries.com/

Re: Why I will always buy a silver ML instead of an SAE
 

I buy mostly SML's, but I also buy SAE's and Libertads.

I prefer the ML because it's 38mm as oposed to 40, and because the reeding feels better in hand (IMO). I don't find the Maple as artistic as the SAE, but I appreciate the simplicity of the design. The new Libertad is a pretty coin, but locating large quantities can be difficult, at least in my neck of the woods.

Re: Why I will always buy a silver ML instead of an SAE
 

Better yet, go back to 1980, and buy the true Onzas with the coin press. :emotions16:

Re: Why I will always buy a silver ML instead of an SAE
 

Nope.

A recognized Silver coin or round, from a government mint or reputable refiner, will be far more likely to have the stated weight and purity.

Re: Why I will always buy a silver ML instead of an SAE
 

That is correct. One must place oneself in the shoes of the do'tard...would I buy this or accept this in trade if I did not know beans about coins or metal?

Re: Why I will always buy a silver ML instead of an SAE
 

I would like to sell you a bridge. I own it. See, this paper here says so (holds up hand written document). Everything you read is true, you know.

Re: Why I will always buy a silver ML instead of an SAE
 

Went to a show today in clearwater florida and several booths only wanted maples.

Re: Why I will always buy a silver ML instead of an SAE
 

Keep your bridge but thanks for the kind offer.Now if your bridge was made of Credit Suisse gold or Sunshine silver we could talk....

Re: Why I will always buy a silver ML instead of an SAE
 

I have SAE's, and rounds from A-mark, NW Mint, Prospectors, GIM Minuteman, also some Mexican Libertads, but no Maple Leafs (gold or silver). For some reason I have not found them appealing enough to make an effort to get some. I did purchase some 1/2 oz Timberwolves from Jennifer when Lone Star was up and running.

Maybe I should get some. I certainly don't want to offend the Canadians, and like they say, silver is silver.

Re: Why I will always buy a silver ML instead of an SAE
 

I am tempted to get some. I just saw in a different thread that Tulving has them for 1.59 over spot, but the minimum is 100 oz.

Re: Why I will always buy a silver ML instead of an SAE
 

In today's world you need to measure wealth in "ounces" or "grams". All the other terms have been corrupted.

Re: Why I will always buy a silver ML instead of an SAE
 

Only if it runs ethanol! :D